With recourse factoring, you're responsible for the debt if your customers don’t pay. With non-recourse factoring, the factoring company accepts the loss for nonpayment. Many, or all, of the products ...

In June 2020, TBS Factoring and OTR Capital formed a joint partnership to help truck drivers during the pandemic. Through a program called Pandemic Protection Program, the finance firms offered a ...

Invoice factoring lets you get cash for unpaid invoices in exchange for a percentage of the invoiced amount. Factoring can either be recourse, where you'll owe the full invoice amount if your customer ...

Factoring services refer to collecting receivables and maintaining sales ledgers, credit control, and credit protection. Factoring services offer comprehensive solutions to businesses to manage their ...

Factoring financing relieves small and medium enterprises from the financial pressure by offering a chance to delay payments. It appeared long before venture capital, credits and equity investments, ...